Cove Capital acquires 83-unit build-to-rent community in San Antonio debt-free
Los Angeles, CA – Cove Capital Investments has completed the purchase of an 83-unit build-to-rent residential community in San Antonio, Texas, finalizing its Cove Texas Build-to-Rent 97 Delaware Statutory Trust (DST) offering.…
Core inflation in Japan’s capital unexpectedly accelerates, BOJ in spotlight
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Core consumer inflation in Japan’s capital Tokyo, considered a leading indicator of nationwide trends, unexpectedly accelerated in October, a sign of broadening price pressures…
Capital One beats profit estimates on interest income boost
(Reuters) – Capital One Financial on Thursday sailed past estimates for third-quarter profit as the consumer lender charged higher interest rates on loans, sending its shares up more than 4% in extended…
Bain Capital forms $250 million industrial property JV with China’s DNE Group
BEIJING/SYDNEY (Reuters) – Bain Capital and Chinese industrial real estate developer and operator DNE Group said on Tuesday they formed a joint venture with a $250 million equity commitment, as the U.S.…
DCNF Reporter Discusses Venture Capital Firms’ Participating In Chinese Gov’t ‘Technology Transfer’ Contests
DCNF Reporter Discusses Venture Capital Firms’ Participating In Chinese Gov’t ‘Technology Transfer’ Contests Harold Hutchison on October 20, 2023 A Daily Caller News Foundation reporter discussed venture capital (VC) firms participating in…
US banking regulators extend feedback window for contentious capital proposal
By Pete Schroeder WASHINGTON (Reuters) – A trio of U.S. banking regulators announced on Friday they were giving the public extra time to digest and provide feedback on a broad proposal to…
Anne Arundel Police Investigate Armed Robbery at Capital One Bank in Gambrills
The Anne Arundel County Police Department is actively investigating an armed robbery that occurred at the parking lot of the Capital One Bank on Brandermill Boulevard in Gambrills. The incident unfolded around…
Engaged Capital takes stake in VF Corp, stock jumps
NEW YORK (Reuters) – Engaged Capital’s Chris Hetrick says the firm has built a position in apparel brand owner VF Corp and says the company is mismanaged and that its stock price…
Armed Carjacking Reported at Capital One Bank in Hanover
Hanover, MD – Local authorities are investigating an armed carjacking that took place in the parking lot of Capital One Bank, located at 7566 Ridge Road, on October 13, 2023. The incident…
Hidalgo CBP officers take custody of man wanted for attempted capital murder
HIDALGO, Texas—U.S. Customs and Border Protection, Office of Field Operations at the Hidalgo International Bridge took custody of Danny Lee Cazares, a male U.S. citizen from Alamo, Texas wanted on an outstanding…
Big U.S. banks warn capital hikes could weigh on green energy, equity products
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted as written,…
Rouble steadies, locking in gains made after Putin ordered capital controls
MOSCOW (Reuters) – The Russian rouble steadied near 97.5 to the dollar on Friday, locking in the hefty gains made in the previous session after President Vladimir Putin ordered the mandatory sale…
New Jersey Could Soon Be the Indoor Pickleball Capital of America
TRENTON, NJ – Visionary entrepreneur Samrat “Sam” Sood is joining forces with Pickleball Kingdom Franchising to launch 20 state-of-the-art indoor pickleball clubs throughout New Jersey. The move aims to promote the sport…
BMO promotes Alan Tannenbaum to head capital markets division
TORONTO (Reuters) – Bank of Montreal on Tuesday named Alan Tannenbaum as the new head of the bank’s capital market division, to replace outgoing CEO Dan Barclay, who is retiring in November.…
Kerrisdale Capital goes short on Joby Aviation over earnings concerns
(Reuters) – Kerrisdale Capital said on Tuesday it had taken a short position on Joby Aviation over profitability concerns, sending the electric aircraft maker’s shares down nearly 5%. “We believe (Joby) is…
Bain Capital delays Virgin Australia listing until next year – source
SYDNEY (Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said on Tuesday.…
Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says
MADRID (Reuters) – U.S.-based buyout fund Apollo Global Management is readying a bid with local fund JB Capital for the Spanish unit of telecom giant Vodafone, the Expansion newspaper reported on Monday…
PNC Bank buys $16.6 billion capital commitment portfolio from Signature Bridge Bank
(Reuters) – PNC Financial Services’ banking unit said on Tuesday that it had bought a portfolio from Signature Bridge Bank representing $16.6 billion in total commitments, including $9 billion of funded loans,…
Analysis-Fed shines light on path to US bank capital relief trades
By Shankar Ramakrishnan (Reuters) – A clarification of capital rules by the Federal Reserve may encourage U.S. banks to transfer more of the risk in their loan portfolios to investors, potentially letting…
Meth Trafficker Sentenced to Over 11 Years in Capital Region Case
ALBANY, NY – Andrew O’Connor of Cohoes, New York, has been sentenced to 135 months in federal prison for methamphetamine trafficking and obstructing justice. O’Connor, 36, was charged and convicted for distributing…
Hedge fund Eisler Capital uses basis trades to add to positive year – letter
By Nell Mackenzie LONDON (Reuters) -Hedge fund Eisler Capital posted a 4.17% positive performance for the year to end-August, it said in a letter to investors, benefiting from a basis-trade strategy that…
Asian Development Bank unveils capital moves to boost lending by $100 billion over a decade
By David Lawder (Reuters) – The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity over 10 years as the lender expands…
Tokyo equity offerings surge as Japan Inc begins to shift towards capital efficiency
By Anton Bridge and Scott Murdoch TOKYO (Reuters) – Japan equity offerings have more than quadrupled in value this year, with investors encouraged by a surge in the Nikkei stock index to…
Over 10,000 displaced in Haiti after violence escalates north of capital
PORT-AU-PRINCE (Reuters) – More than 10,000 people have fled their homes in parts of Haiti’s central department, the United Nations’ migration agency said on Wednesday, after a series of gang attacks in…
Bank of England delays final Basel bank capital rules to July 2025
By Huw Jones LONDON (Reuters) -The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg of international bank capital…
Investor Engine Capital asks Parkland to cut debt, start buyback plan
(Reuters) – Activist investor Engine Capital on Tuesday urged fuel marketer Parkland to reduce its debt and announce new share buyback plans. In its latest letter to the board, the investor asked…
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